Flapjack Corporation had 7,817 actual direct labor hours at an actual rate of $12.00 per hour. Original production had been budgeted for 1,100 units, but only 971 units were actually produced. Labor standards were 7.6 hours per completed unit at a standard rate of $12.83 per hour. The direct labor rate variance is Oa. $6,488.11 unfavorable Ob. $6,488.11 favorable Oc. $5,238.10 unfavorable Od. $5,238.10 favorable

Flapjack Corporation had 7,817 actual direct labor hours at an actual rate of $12.00 per hour. Original production had been budgeted for 1,100 units, but only 971 units were actually produced. Labor standards were 7.6 hours per completed unit at a standard rate of $12.83 per hour. The direct labor rate variance is Oa. $6,488.11 unfavorable Ob. $6,488.11 favorable Oc. $5,238.10 unfavorable Od. $5,238.10 favorable

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Description: Flapjack Corporation had 7,817 actual direct labor hours at an actual rate of $12.00 per hour. Original production had been budgeted for 1,100 units, butonly 971 units were actually produced. Labor standards were 7.6 hours per completed unit at a st

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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